London and San Francisco – October 9, 2018 - BP and RocketSpace, founders of the MobilityTech Innovation Collaborative, are shaping the future movement of people, goods, and servicesin collaboration with global mobility and smart transportation industry leaders. Today, they areannouncing the four startups from Israel, U.K. and U.S. selected to test and explore partnershipswith Avis Budget Group, IBM and Renault-Nissan-Mitsubishi during the Mobility Tech InnovationCollaborative’s 12 week program.

Technological advances in electrification, autonomous driving and connected cars are amongthe many emerging drivers transforming travel for consumers and businesses. The program’sincoming cohort of startups represent a technologically diverse group of advanced mobilitytechnologies from advanced parking solutions to artificial intelligence-driven fleet management,electric vehicle fleet planning and simulated reality. There will be multiple real-world proof-of-concept (PoC) opportunities to test these products with corporates that could lead to expandedpilots, future partnerships or investments. BP recently invested $5 million in FreeWire,manufacturer of mobile rapid charging systems for electric vehicles, following its participation inthe Mobility Tech Innovation Collaborative.

After reviewing hundreds of startups from around the world, the startups selected to pursuePoCs with the industry leaders are:

- Immense Simulations (Milton Keynes, U.K.) – Immense is a software company enablingintelligent mobility. Its software platform revolutionises how transport stakeholders usesimulation to make fast informed decisions associated with the movement of people andgoods around the transport system.- Parkofon (Alexandria VA, U.S.) – Parkofon is the pioneering automated parking paymentand guidance platform based on innovative GPS-based technology and Big Dataanalytics.- Spark (Cambridge, U.K.) – Spark’s AI-based journey prediction software uses machinelearning to help electric vehicles go further between charges using live data from thevehicle, driver and atmospherics. These more accurate predictions help overcome rangeanxiety and therefore drive greater adoption of electric vehicles by both businesses andconsumers.- Fleetonomy (Tel Aviv, Israel) – Fleetonomy offers artificial intelligence-based solutions toenable fleet owners, OEMs and mobility service providers to maximize their fleets byenhancing efficiency, generating more insights from their data, and creating new revenuestreams by operating new smart mobility services.

“I see RocketSpace as a win-win for everyone involved. For startups, it provides the opportunityto work with BP to test their products and services in our environment. For BP, we get toexperiment with new products and services that could help us transform mobility and ensure weare positioned to meet the needs of customers now and into the future,” said Roy Williamson,vice president of BP’s advanced mobility.

Notes to editors:BP established its advanced mobility unit to pursue emerging trends, technologies andopportunities in the future of transportation.

About RocketSpaceRocketSpace is a global ecosystem of people and ideas that provides the necessary velocity —both speed and direction — to help the world’s top innovators bring the future to market.Founded in San Francisco in 2011, its global network of technology campuses and services aredesigned to help tech startups scale. RocketSpace also helps corporations fuel their continuousgrowth by tapping into its ecosystem of top startups from around the world. Learn more atrocketspace.com.